| Fachwort |
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| Deutsch | borrower | Grundwort | fehlt |
| Fachbebiet | fehlt |
Trennung: | borrower |
| Inhalt | fehlt |
Status: | |
| Worttyp | fehlt |
| BGB 488. 1 The loan contract obliges the lender to make available to the borrower a sum of money in the agreed amount . The borrower is obliged to pay interest owed and , at the due date , to repay the loan made available to him . |
| BGB 488. 3 If a time is not specified for repayment of the loan , its due date is subject to the lender or the borrower giving notice of termination . The notice period is three months . If interest is not owed , the borrower is also entitled to repay without giving notice of termination . |
| Section 489 Right of the borrower to give notice of termination |
| BGB 489. 1 The borrower may terminate a loan contract , in whole or in part , where for a specific period of time a fixed rate of interest has been agreed if the pegging of the rate of interest ends prior to the time determined for repayment and no new agreement is reached on the rate of interest , observing a notice period of one month to end at the earliest at the end of the day on which the pegging of the rate of interest ends ; if an adjustment of the rate of interest is agreed at certain intervals of up to one year , the borrower may only give notice to end at the end of the day on which the pegging of the rate of interest ends ; if the loan is granted to a consumer and not secured by a security right in land or a maritime lien , at the end of six months after complete receipt , observing a notice period of three months ; in any case at the end of ten years after complete receipt , observing a notice period of six months ; if , after the loan is received , a new agreement is reached on the repayment period or the rate of interest , the date of this agreement replaces the date of disbursement . |
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